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S. 4338119th CongressIn committeeLatest action Apr 16, 2026Decoded by AI · checked against the record
Official title: Pedophile Financial Accountability Act
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
This bill would order a federal agency to investigate whether banks broke money laundering laws in their dealings with Jeffrey Epstein.
50-second read · 4 questions answered below
This bill would require the Financial Crimes Enforcement Network, known as FinCEN, to investigate whether banks broke federal anti-money laundering laws in connection with Jeffrey Epstein. The investigation would look at whether banks filed required reports too slowly, failed to question large payments, and whether senior executives let employees keep doing business with Epstein after the banks had already dropped him. FinCEN would have to deliver a report to Congress within 100 days, and would have to refer any employee suspected of willfully breaking the law to the U.S. Attorney General.
FinCEN, which is part of the U.S. Treasury Department, would lead the investigation. Banks named in the bill include JPMorgan Chase and Bank of America, along with their employees and senior executives.
If the investigation finds that bank employees willfully broke anti-money laundering laws, those individuals could face further legal action. Congress would receive a formal report on the findings, which could include information from confidential suspicious activity reports.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a Senate committee is reviewing it. If the House changes it, it goes back to the Senate before reaching the President.
Latest action: — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.